By courtesy S. D. Wang & Ca.
"wait and seo" policy" still being adopted "owing ceriaintics and "the prevailing to "eu apathy abroad, th> markets general-Ty lacked initiative the Past week. Dut, on the whale 3'steady undertone ' prevailed afl" round, British gitedged sccuritis, at Arn, Were poorly supporttd but have since allied. "German issues con fined: prominently firm with other foreigners somewhat uncertain, Chinese shares further weakened this_week on the uncertain position in South China, but lately have shown some ratorery. Japanese fsues were quietly fraer, and' the generally ald." Oil shares Industral se tien very quiet bot Were. innative. Ruboers fluctuated ith the commodity.
Foreign Hxchances: Most fore exchanges flactucted pretty freely.
In reviewing the Chinese Government Bond Market for the month ending November 29, one feature stood out boldly, and that is the strong bearish tendency that began ith a modest influence but climaxed With heavy attacks that left' the market ina crumble of ruins.
This tendency owed much to the general political situation and. the aftermath of Mr. T. V. Song's resignation, these tunishing just the excuses for raids to lower the market, The casualties were heavy, ranging from a loss of 3.35 for Dis bandment down to 2.00 for 18th Year Customs. The average amount-to more than four points.
The frst ween of the month was quit, it being devoted to adjustment quotations and the great uneasiness follo removal of October that resulted in important, changes The recent event: "in America in the Finance Minstry, Aithench induced some hear-covering. of uctuations were nat wide, ¢ eeeeey dollars, but. the tendency "of all] *Cokness was evident, old currencies is still towards The second week continued to be sterling. Chinese and. Japanese Gsiet with a decided nec tates were very steatye siroc of confidence whick brought The Money "Vanket: Despite the market ona slow bat aes month-end requirements' supplies SowLWard pace, Theo ut ai Seely usually, have been ample. this period we teand the snarker stil The Discounts Market: Quietly Oven High Low Thursday's Market 18th Yr, Customs most gilt-edged "securities and On the stock exchange to-day 2780 foreign issues strengthened. In the Ba industrial section. aviation shares improved following the Air Minis-$420 6545 ter's statement last night. Other-Dec' wise thole was no new feature, 19th Ys, Customs Busi on the commodity Nev.
41.00 markets was restricted by the " Dec.
4485 4355 holiday tu America but rubber was "bapilitation e, firm on encouraging news as oun Ys. Tobacco Dec.
47.50 4790 42.20 Dec i190
Text read from the printed page and cleaned; old type leaves the occasional error.